
About Aspire App
Aspire App is a Financial Services company based in Singapore (Singapore) founded in 2018 by Andrea Baronchelli, Giovanni Casinelli, and Joel Leong. Digital banking services are offered to businesses in Asia. Aspire App has raised $200.56 million across 6 funding rounds from investors including Tencent, Lightspeed Venture Partners and LGT Capital Partners. Its chief executive, as recorded, is Andrea Baronchelli. Its website aspireapp.com draws about 319 thousand monthly visits. Its focus areas include FinTech, Banking Tech, Internet First Banks and Through Bank Partnerships.
Company details
Aspire was founded in 2018 in Singapore as a digital bank targeting businesses. Current accounts, NFC-enabled prepaid cards, money transfers, and cash withdrawals are provided through a mobile app available on Android and iOS. A business line of credit is extended, along with financial tools designed for SMEs to address cash flow and working capital requirements. Operations are centered in the fintech sector across Southeast Asia.
- Headquarters Singapore, Singapore
- Founders Andrea Baronchelli, Giovanni Casinelli, Joel Leong
- SectorsFinancial Services
- Website category Finance · Financial Planning and Management
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website aspireapp.com
- Social LinkedIn X Facebook Instagram
- Total Equity Funding$200.56M (USD)
in 6 rounds
- Latest Funding Round$100M (USD), Series C
Feb 2023
- InvestorsTencent
& 24 more
Apps and channels of Aspire App
Aspire App publishes 2 mobile apps with over 50K+ downloads.
Funding Insights of Aspire App
Aspire App has successfully raised a total of $200.56M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $200.56M
- Total Rounds 6
- Last Round Series C β $100M
- First Round $500,000
(Jun 2018)
- Investors Count 25
All 6 funding rounds of Aspire App with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2023 | $100M | Series C | β | Lightspeed Venture Partners, Peak XV Partners | |
| Sep 2021 | $100M | Debt – Conventional | β | β | |
| Sep 2021 | $58.56M | Series B | β | DST Global, CE Innovation Capital | |
| Jul 2019 | $32.5M | Series A | β | MassMutual Ventures | |
| Jul 2018 | $9M | Seed | β | Insignia Ventures Partners, Mark 2 Capital | β |
| Jun 2018 | $500,000 | Seed | β | β |
25 investors in total: 18 institutional and 7 angel.
Investors in Aspire App
Aspire App has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Tencent, Lightspeed Venture Partners and LGT Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners. | 1997 | lsvp.com | Menlo Park, United States | |
Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses | picuscap.com | Munich, Germany | ||
Corporate-backed venture capital fund | massmutualventures.com | Boston, United States | ||
Principal investments in alternative strategies are made alongside clients. | 1997 | lgtcp.com | Pfaffikon, Switzerland | |
Venture capital firm investing in startups and providing support programs. | 2000 | peakxv.com | Bengaluru, India | |
Venture capital fund investing in early-stage tech startups | paypal.vc | San Jose, United States | ||
Venture capital investment firm | dst-global.com | Menlo Park, United States | ||
Early-stage startups are funded by this Beijing-based venture capital fund. | ceinnovationcap.com | Beijing, China | ||
Investments in early-stage startups are focused on by Hummingbird Ventures. | hummingbird.vc | London, United Kingdom | ||
Multistage investments are directed toward technology, healthcare, and climate sectors. | b.capital | Manhattan Beach, United States |
Investor details for Aspire App
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Aspire App
53 people are tracked at Aspire App (15 in leadership, 38 in team).
| Name | Role | Group |
|---|---|---|
Andrea Baronchelli | Co-Founder & CEO | Leadership |
Giovanni Casinelli | Co-Founder | Leadership |
Joel Leong | Co-Founder | Leadership |
Ajar Upadhyay | Head Of Operations - India | Leadership |
Ian Lee | General Manager | Leadership |
Olivier Dauw | Chief Operating Officer | Leadership |
Rahul Rajpal | Vice President Customer Experience & Global Operations | Leadership |
Aditya Srinivasan | Head Of Revenue Operations | Leadership |
Asad K. | Vp, Global Head Of Partnerships | Leadership |
Sandro Pelaez | Product Director, Fincrime | Leadership |
Akshay Vats | Head Of Care Operations | Leadership |
Akash Kaul | VP Expansion And Growth | Leadership |
Tim McCoy | Co-founder | Leadership |
Jaco Struik | VP Of Fraud & Fincrime | Leadership |
Dajana Nozic | Managing Director NL | Leadership |
Ozan Altunbey | Ops | Team |
Mohit Srivastava | Product & Financial Analytics | Team |
Ye Yuan | Regional Strategic Partnerships, Senior Manager | Team |
Jamie Nicole Kuek | Channel Partnerships Manager | Team |
Guy van Manen | CX Escalations Lead | Team |
33 more people are available in the full profile.
Complete people profiles for Aspire App
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Aspire App
3 dated milestones of Aspire App across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Aspire App is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Series C, of $100.0M.
Web traffic of Aspire App
The website of Aspire App (aspireapp.com) receives about 318.8K visits a month and ranks #145,013 among all websites worldwide, #9,023 in Financial Planning and Management.
- Monthly visits318.8K
▲ 29.6% vs previous month
- Unique visitors94K
per month
- Global rank#145,013
among all websites
- Category rank#9,023
Finance · Financial Planning and Management
- Bounce rate37%
- Pages per visit4.4
- Average visit2 min 41 sec
- DevicesDesktop 46% Β· Mobile 54%
Websites whose visitors overlap most with Aspire App. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
bbcincorp.com | bbcincorp.com | 100% | #404,323 | β | |
| aeon.com.hk | 97% | 265.1K | #178,742 | View details | |
| thecurrencyclub.co.uk | 95% | 61.6K | #702,839 | View details | |
| statrys.com | 95% | 193.4K | #211,297 | View details | |
| alphacomm.io | 95% | 10.9K | #2,171,641 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for Aspire App
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Aspire App
Complete news archive for Aspire App
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- Full article archive
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- Older coverage
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Frequently Asked Questions about Aspire App
Aspire App was founded in 2018.
Aspire App is headquartered in Singapore, Singapore.
Andrea Baronchelli is the CEO of Aspire App, as recorded in our data. They have also founded this company.
Aspire App is a funded company, having raised a total of $200.56M across 6 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jun 2018.
Aspire was founded in 2018 in Singapore as a digital bank targeting businesses. Current accounts, NFC-enabled prepaid cards, money transfers, and cash withdrawals are provided through a mobile app available on Android and iOS. A business line of credit is extended, along with financial tools designed for SMEs to address cash flow and working capital requirements. Operations are centered in the fintech sector across Southeast Asia.
Aspire App has 25 investors. Key investors include Tencent, Lightspeed Venture Partners, LGT Capital Partners, Peak XV Partners, and Picus Capital.
Yes. Aspire App publishes Aspire Business Account & Card and 1 more app, with over 50,000 downloads.
The website of Aspire App receives about 319 thousand visits a month and ranks #145,013 among all websites worldwide.
